Ukraine: foreign investors interested in non-ferrous metals mining

Brazil, China, Japan, Canada, USA and Austria, as well as domestic companies with foreign investments are interested in mining lithium, cobalt, nickel and manganese ore in Ukraine.

“This mining is not really high in Ukraine, but EU has become interested in Ukraine, as there is a problem of supplies of important raw materials”, the State Service of Geology and Subsoil use deputy chairman Oleg Kirilyuk said.

At present Europe is 100% dependent on imported niobium-tantalum ores and some other rare-earth metals. Thus, EU countries are looking for ways to prospect and mine them in Ukraine. (Ukrainian metal)